Released on = June 13, 2006, 12:00 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM0371.htm)
Coal industry will find hiking production targets easy, however bridging the gap
between demand and supply would prove to be the litmus test.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM0371.htm) In
order to reduce the demand supply gap for coal, the government is zealously
attempting to revamp production capacity and procurement channels.

Coal India Ltd (CIL) has raised its production target by about 4.8% for the year
2006 to 363MT. A mechanism has been devised, with the objective of enabling the
captive blocks of private companies to sell coal to the nearest public sector coal
companies. To develop and produce coal, suitable for captive consumption purposes,
a total of 46 virgin blocks, with a total reserve of 5Bn tons have been identified.
The Ministry is of the opinion that a mechanism has to be in place for encouraging
the owners of these blocks to develop captive coalmines.

Panelist of Coal India Ltd (CIL) assert that by 2025, other than coking and low ash
non-coking coal, the country would become largely self reliant for its coal
requirement, minimizing the need for import.

However the current market trends are sans such optimism. An analysis of the Indian
Coal industry reveals the glaring gap between the estimated demand & supply of coal
in India at the end of 10th 5-year plan (2006-07). RNCOS in its latest market
research reports an estimated gap of 55MT in the same period. With an AAGR of 14%,
the gap is projected to increase by 70% by 2011-12.

RNCOS' market research report "Indian Coal Industry: Opportunities for Growth
(2006)" reviews the current status and the emerging trends and developments in the
Indian coal industry. The report presents a comparative analysis of global Coal
industry with a focus on the performance of the key players. Current coal projects
also find a mention in the report.

RNCOS' report focuses on the following facts of the Indian Coal Industry:

· India's coal produce is the third largest in the world.
· India's coal reserves of approx. 200Bn Tons is the 4th largest in the world. These
deposits are concentrated in the eastern, central and southern parts of the country.
· About 70% of the total energy requirement of the country is met with coal.
· With the current average daily coal extraction capacity of around 0.8 million
tons, the reserves are likely to last for over 10 decades.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

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